Nintendo have issued a notice to shareholders, informing them that this year\’s shareholders meeting will be held at the end of June.
This meeting, will be the 74th annual event which will take place at 10 am on Friday June 27th in the Development Center at Nintendo\’s head office in Kyoto, Japan. Nintendo have assured shareholders that there will be a Q&A session after Mr. Iwata\’s presentation, which will focus on Nintendo\’s current direction and performance.
The event will also reveal Mr.Iwata\’s new approval rating within the company which has steadily been falling since the launch of the 3DS & Wii U. Iwata\’s first annual approval rating just after taking the role from his late predecessor Hiroshi Yamuachi was 92.89% which has slumped to 77.26%. Following Nintendo\’s record third-consecutive period of losses it is expected to fall further which could lead to the board of director\’s electing a new president.
What with the recent reveal that Iwata won\’t be attending this year\’s E3 due to health issues, you\’ve got to feel bad for the guy. He has one hell of a month ahead of him.